Summary
- The South Korean airline merger of Asiana Airlines and Korean Air will likely receive antitrust approval from the European Union, supporting Korean Air's acquisition plans.
- Asiana Airlines, which is heavily indebted and is part of Star Alliance, may sell off its cargo subsidiary and share direct routes with other carriers.
- Once the merger is completed, Asiana Airlines is expected to leave the Star Alliance and join SkyTeam, creating an opportunity for another airline to join the South Korean market.